Composite Preforms Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Composite Preform Market Trends and Forecast

The future of the global composite preforms market looks promising with opportunities in aerospace, automotive, consumer goods, infrastructure, medical, and marine industries. The global composite preform market is expected to reach an estimated $295.8 million by 2028 with a CAGR of 7.1% 2022 to 2028. The major drivers for this market are increasing usage of composite materials in the aerospace and automotive industries, and growing demand of composite preforms to manufacture complex structure and shorten part cycle time.

Emerging Trends in the Composite Preform Market

Emerging trend, which has a direct impact on the dynamics of the industry, include manufacturing of 3D carbon fiber preforms by using digital technology and control system engineering.

A total of 127 figures / charts and 101 tables are provided in this 147-page report to help in your business decisions. A sample figure with insights is shown below.

Composite Preform Market by Segment

The study includes a forecast for the global composite preform market by end use, technology, fiber type, and region as follows:

Composite Preform Market by End Use [Value ($M) and Volume (Million Pounds) shipment analysis for 2017 - 2028]:

• Aerospace
• Automotive
• Consumer Goods
• Infrastructure
• Medical
• Marine

Composite Preform Market by Technology [Value ($M) and Volume (Million Pounds) shipment analysis for 2017 - 2028]:

• Weaving
• Braiding
• Stitching
• Knitting

Composite Preform Market by Fiber Type [Value ($M) and Volume (Million Pounds) shipment analysis for 2017 - 2028]:

• Carbon Fiber
• Glass Fiber
• Others

Composite Preform Market by Region [Value ($M) and Volume (Million Pounds) shipment analysis for 2017 - 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Composite Preform Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composite preform market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composite preform market companies profiled in this report include.

• Albany International Corp.
• A&P Technology
• T.E.A.M Inc.,
• SLG Kumpers Gmbh & Co. KG
• Bally Ribbon Mills
• SAERTEX
• Tex, Inc.
• Eurocarbon B.V.

Composite Preforms Market Insight

• Lucintel forecasts that carbon fiber based preform will remain the largest segment over the forecast period due to its lightweight and high strength capabilities.
• Aerospace will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to increasing usage of preforms in turbofan engines and fuselage frames of commercial aircrafts and stator vane of jet engines.
• North America is expected to remain the largest region over the forecast period due to presence of aero-engine manufacturers, aerospace composite part fabricators, and OEMs.

Features of Composite Preform Market

• Market Size Estimates: Composite Preform market size estimation in terms of value ($M) and volume (M lbs)
• Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Market size by end use, technology, fiber type and region
• Regional Analysis: Composite preform market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different end use, technology, fiber type and regions for the composite preform market .
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the composite preform market .
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the composite preform market size?

Answer:The global composite preform market is expected to reach an estimated $295.8 million by 2028 .

Q2. What is the growth forecast for composite preform market?

Answer:The composite preform market is expected to grow at a CAGR of 7.1% from 2022 to 2028.

Q3. What are the major drivers influencing the growth of the composite preform market ?

Answer: The major drivers for this market are increasing usage of composite materials in the aerospace and automotive industries, and growing demand of composite preforms to manufacture complex structure and shorten part cycle time.

Q4. What are the major applications or end use industries for thermoplastic resin in global automotive composites?

Answer: Aerospace and automotive are the major end uses for composite preform market .

Q5. What are the emerging trends in composite preform market?

Answer:Emerging trend, which has a direct impact on the dynamics of the industry, includes manufacturing of 3D carbon fiber preforms by using digital technology and control system engineering.

Q6. Who are the key composite preform market companies?

Answer:Some of the key composite preform market companies are as follows:

• Albany International Corp.
• A&P Technology
• T.E.A.M Inc.,
• SLG Kumpers Gmbh & Co. KG
• Bally Ribbon Mills
• SAERTEX
• Tex, Inc.
• Eurocarbon B.V.

Q7.Which composite preform market fiber segment will be the largest in future?

Answer: Lucintel forecasts that carbon fiber based preform will remain the largest segment over the forecast period due to its lightweight and high strength capabilities

Q8: In composite preform market, which region is expected to be the largest in next 5 years?

Answer:North America is expected to remain the largest region over next 5 years

Q9. Do we receive customization in this report?

Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1 What are some of the most promising, high-growth in the global composite preforms market by end use (aerospace, automotive, consumer goods, infrastructure, medical and marine), technology (weaving, braiding, stitching , and knitting), fiber type (carbon fiber, glass fiber, and others) and region (North America, Europe, Asia Pacific and ROW) ?
• Q. 2 Which segments will grow at a faster pace and why?
• Q.3 Which regions will grow at a faster pace and why?
• Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
• Q.5 What are the business risks and threats to the market?
• Q.6 What are the emerging trends in this market and the reasons behind them?
• Q.7 What are the changing demands of customers in the market?
• Q.8 What are the new developments in the market? Which companies are leading these developments?
• Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
• Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
• Q.11 What M & A activities have taken place in the last 5 years in this market?